What You Want - Buying a Home

By Dominic Hefferan on Apr 16 2018

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Buying a house will always be a big decision; possibly the biggest you’ll ever have to make. You don’t want to make the wrong one, but how will you know what’s right? There’s really only four things you need to consider, and today we’re looking at all of them.

Where Do You Want?

“Location, location, location,” might be a cliché, but it’s true. Location is a major factor when buying a property, with easy access to shops, transport and employment often a deciding issue between two or more houses. Something you might not have considered is proximity to schools. Even if you don’t have kids, and aren’t making plans any time soon, schools can still have a major impact on house prices in the area.

For example, the Domain Group reports Sunnybank State School’s catchment area has seen the third highest price increase in the Greater Brisbane area over the past year. This is due to the strong reputation of the school, and can be a major selling point both now and in the future when you want to sell yourself.

What Can You Afford?

This is the big one. There’s no point in finding the right house if it’s out of your budget. Still, you might be surprised at what you can get from a loan, and what your repayments will be.

This is why it’s important to consult with a trustworthy advisor, like our Home Loans Specialists Andrew Crowther and Jane Ren, so you know exactly what’s possible for you.

What’s Going On?

No house exists in a vacuum, and you need to know what the market around it is doing as well. You can request a free quarterly report for any of the areas we service to give you an idea of the market in the area you’re interested in, and can also ask your local LJ Hooker Sunnybank Hills specialist to give you a detailed explanation of what’s happening in their area.

This way you’re less likely to have any nasty surprises down the track, and can make better predictions about what might happen to your market in the future, especially what you can expect when it comes time to sell again.

Whatever you’re looking for, research and patience are always a good approach. Think things over before rushing in, and you’ll be in a much better position to get what you really want.